Land

This is a unique opportunity to acquire a freehold development site in Dovercourt, Harwich, with full planning permission for five self-contained flats, including parking and communal gardens. The 0.27-acre site is located on King Georges Avenue, close to Asda Supermarket and the town center, and features four 2-bedroom flats at ground and first floor levels, as well as one 1-bedroom flat on the second floor. Each flat comes with two parking spaces, and the development has been granted full planning approval under reference 22/01694/FUL, with all pre-commencement conditions having been discharged. The estimated GDV is £850,000, with potential rental income of £4,100 per month, or £49,200 per annum, making this a lucrative investment opportunity.